Policyholder Information

Company Overview

Consumers United Insurance Company was a wholly owned subsidiary of Consumers United Group, Inc., a Delaware holding company with 100% ownership by a trust established for the benefit of the employees. The company concentrated on not-for-profit association group programs--group life, annuities, and accident and health products, as well as employee benefit plans. Consumers United was licensed in the District of Columbia and all states except Connecticut, Hawaii, Kansas, Maine, Maryland, Massachusetts, New Jersey, New York, North Carolina, and Tennessee.

An order of liquidation was issued in mid-1994. The state life and health insurance guaranty associations helped arrange for two assuming insurers to assume its policy obligations (see below).

Policy & Claims Administration

Policies of an insolvent company are often transferred to a financially sound insurance company. If policies are not transferred to another company, the policies are continued and claims administered by either the guaranty associations or a third-party administrator (TPA) working on behalf of the associations. Please contact the company/TPA listed below or the guaranty association in your state of residence for more information about your policy.

Type of Policy	Company	Effective Date
Term Life Policies	Combined Insurance Company of America 5050 N. Broadway Chicago, IL. 800-225-4500 http://www.combinedinsurance.com/	May 01, 1995
Life & Annuity	Unity Mutual Life Insurance Company P.O. Box 5000 Syracuse, NY. 13250-5000 800-836-7100 ext 7024 http://www.unity-life.com	Feb 15, 1995

Contact Information

Guaranty association coverage is coordinated on a state-by-state basis, with coverage usually being provided by the association in your state of residence, regardless of where you purchased your policy. Policyholders should contact their state guaranty association with any questions they have about their policies. The drop-down menu below will take you to your state association's Web site, which provides answers to frequently asked questions and contact information.

The liquidator, by court order, becomes the sole owner of the company's assets and administers the estate of the company.

If you are unsure whom to contact with your questions, please e-mail us here, and we will forward your message to the appropriate party.

Company Details

NAIC Number: 62278

An NAIC number is a five-digit number assigned to every insurance company by the NAIC (National Association of Insurance Commissioners). Because each company has its own unique number, the NAIC number can be used to identify a particular company.

Domiciliary State: Delaware

The domiciliary state is the state in which an insurance company is incorporated or organized.

Rehabilitation Date: February 09, 1993

Liquidation Date: May 05, 1994

Estate Closed: October 03, 2013

Frequently Asked Questions